Shandong Sunpaper Co., Ltd. (SHE:002078)

Shandong Sunpaper Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	2,107	3,235	2,496	2,387	3,468	2,970
Short-Term Investments	-	9.5	7.62	-	-	1.8
Trading Asset Securities	-	-	-	4.26	-	-
Cash & Short-Term Investments	2,107	3,244	2,503	2,391	3,468	2,972
Cash Growth	-30.13%	29.60%	4.69%	-31.05%	16.70%	14.02%
Accounts Receivable	5,253	3,952	4,511	3,856	2,922	3,249
Other Receivables	72.5	46.5	54.89	56.19	149.59	75.67
Receivables	5,326	3,999	4,566	3,912	3,072	3,324
Inventory	4,357	4,752	4,574	5,339	3,506	2,897
Prepaid Expenses	-	0.01	-	0	2.92	8.94
Other Current Assets	1,357	766.89	1,224	946.01	1,202	799.5
Total Current Assets	13,147	12,762	12,868	12,588	11,251	10,001
Property, Plant & Equipment	41,373	36,597	34,567	32,177	28,217	23,390
Long-Term Investments	457.03	437.25	412.54	385.53	386.6	383.5
Goodwill	19.31	19.31	19.31	39.41	39.41	39.41
Other Intangible Assets	2,175	2,068	1,883	1,767	1,274	1,023
Long-Term Deferred Tax Assets	290.95	305.44	332.89	290.63	235.02	176.86
Long-Term Deferred Charges	49.18	63.18	56.59	100.27	118.92	15.09
Other Long-Term Assets	334.58	375.04	411.25	674.47	1,184	837.82
Total Assets	57,845	52,626	50,551	48,022	42,706	35,866
Accounts Payable	4,865	4,853	4,815	5,032	5,105	2,881
Accrued Expenses	220.55	883.43	813.76	793.14	757.23	534.32
Short-Term Debt	7,711	6,417	8,079	8,169	7,698	7,764
Current Portion of Long-Term Debt	2,504	3,227	1,724	1,708	2,525	883.41
Current Portion of Leases	-	342.25	408.13	589.63	547.59	524.96
Current Income Taxes Payable	371.69	263.8	205.13	140.92	188.9	296.15
Current Unearned Revenue	942.37	791.37	580.97	527.7	371.63	1,290
Other Current Liabilities	789.26	208	253.51	487.64	677.82	227.31
Total Current Liabilities	17,404	16,986	16,879	17,448	17,871	14,402
Long-Term Debt	9,787	6,426	6,702	6,640	5,391	4,039
Long-Term Leases	21.93	148.2	483.97	427.74	506.47	1,019
Long-Term Unearned Revenue	349.86	329.42	319	321.13	146.47	164.2
Long-Term Deferred Tax Liabilities	9.7	9.69	10.01	9.63	4.2	2.48
Other Long-Term Liabilities	-	-	1.03	1.03	-	0.9
Total Liabilities	27,572	23,899	24,395	24,847	23,920	19,628
Common Stock	2,795	2,795	2,795	2,795	2,687	2,625
Additional Paid-In Capital	3,643	3,643	3,632	3,574	2,426	1,851
Retained Earnings	23,050	21,389	19,126	16,599	14,327	11,663
Treasury Stock	-	-	-98.45	-303.7	-520.05	-
Comprehensive Income & Other	666.27	787.26	597.03	420.33	-214.85	-27.85
Total Common Equity	30,154	28,614	26,051	23,085	18,706	16,112
Minority Interest	118.88	112.91	104.11	89.67	80.84	126.96
Shareholders' Equity	30,273	28,727	26,155	23,175	18,786	16,239
Total Liabilities & Equity	57,845	52,626	50,551	48,022	42,706	35,866
Total Debt	20,024	16,560	17,397	17,534	16,668	14,231
Net Cash (Debt)	-17,916	-13,316	-14,894	-15,143	-13,201	-11,260
Net Cash Per Share	-6.39	-4.77	-5.31	-5.61	-4.96	-4.32
Filing Date Shares Outstanding	2,795	2,795	2,795	2,795	2,687	2,625
Total Common Shares Outstanding	2,795	2,795	2,795	2,795	2,687	2,625
Working Capital	-4,257	-4,224	-4,011	-4,860	-6,621	-4,401
Book Value Per Share	10.79	10.24	9.32	8.26	6.96	6.14
Tangible Book Value	27,960	26,527	24,149	21,279	17,392	15,049
Tangible Book Value Per Share	10.01	9.49	8.64	7.61	6.47	5.73
Buildings	-	12,557	11,949	10,069	9,030	6,350
Machinery	-	37,391	36,493	31,024	29,776	23,854
Construction In Progress	-	3,466	572.77	3,273	294.19	2,435

Source: S&P Global Market Intelligence. Standard template. Financial Sources.